The beginning of the year is a popular time for homeowners to consider remodeling. Whether due to a New Year’s Resolution of finally putting a home on the market or simply to make a house more comfortable and appealing, remodeling is a hot topic in the housing sector during January and February. Carefully considering which remodeling projects you choose to take on can result in a valuable investment that recoups a great deal more money than the cost of the projects themselves. That being said, here are 5 of the best home improvement projects for your return:
- Exterior Siding Replacement–Replacing siding is one of the most inexpensive ways to make a home’s exterior look virtually brand new. Additionally, all Liberty Builders siding replacements include the installation of a Blue foam board by Dow to ensure durability and save you money overtime due to increased insulation. According to Business Insider, siding adds an average of 78 percent return at resale. And once installed, replacement siding requires little maintenance and lasts for up to twenty-five years.
- Front Door Replacement–A front door not only adds to a home’s overall curb appeal, but also makes a big first impression since it’s the first part of your home that visitors will see up close. When replacing your front door, it’s a smart move is to invest in an energy efficient door. Having a quality exterior door in San Antonio can help reduce draft and cut your energy bill.
- Deck or Patio Addition–Outdoor living spaces have become more desirable, especially in San Antonio where the weather is rather warm year round. Adding a deck or patio will certainly increase the value of your home. HGTV claims that homeowners recoup 65-90 percent of their investment by adding a deck or upgrading a patio.
- Energy-Efficient Insulation–If your home lacks basic insulation and has old doors or windows that let in plenty of hot and cold air, home inspectors will include this in their reports to potential homebuyers. Homes that haven’t been modified with energy efficiency in mind cost more to live in and maintain. By updating your home, you can increase your value while saving thousands of dollars just by making a few changes. For example, adding extra insulation to your attic and replacing old windows with new energy efficient ones will save you 40 percent on your utility bill.
While adding an outdoor living space may seem like an exciting endeavor, it is important to focus on the smaller home improvement projects as well. Projects like staining your concrete, applying a new coat of paint, and replacing damaged floors are all affordable projects that can result in an increased home value down the road.
Ready to update your home? Call Liberty Builders of Texas at (210) 714-1655 for a free in-home consultation!
Source: Business Insider and Money Crashers